Transcontinental Media announces the sale of 21 of its publications and their related web properties to Icimédias Inc. In total, 140 employees of these various publications and 28 employees from TC Media's Production team are transferred to Icimédias. With the completion of this transaction, close to 50% of the titles included in this process are now in the hands of local owners.

Renel Bouchard, President of Icimédias. "Today's transaction will result in the creation of the largest regional independent newspaper group in Québec. We believe in the future of regional weekly media and are confident that weeklies are critical to the vitality and development of our communities, cities and towns, and their region."